Quoin director granted options on 8,141 ADSs
Quoin Pharmaceuticals director Michael T. Sember received a new stock option grant.
Rhea-AI Filing Summary
Quoin Pharmaceuticals director Michael T. Sember received a new stock option grant. On February 4, 2026, he was awarded a Share Option (Right to Buy) covering 8,141 American Depositary Shares (ADSs) of Quoin Pharmaceuticals, Ltd. at an exercise price of $7.37 per ADS.
Each ADS represents thirty-five ordinary shares of the company. The option vests over four annual installments, with 20% vesting on each of February 4, 2027, 2028 and 2029, and the remaining 40% vesting on February 4, 2030. Following this grant, Sember holds 8,141 derivative securities directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Share Option (Right to Buy) | 8,141 | $0.00 | $0.00 |
Footnotes (2)
- F1. The number of securities underlying the option and the exercise price are listed in terms of American Depositary Shares ("ADSs"). Each ADS represents thirty-five ordinary shares of the Issuer.
- F2. The option vests in four annual installments with 20% vesting on each of February 4, 2027, 2028 and 2029 and 40% vesting on February 4, 2030.
FAQ
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What insider transaction did Quoin Pharmaceuticals (QNRX) report for Michael T. Sember?
How many Quoin Pharmaceuticals (QNRX) ADSs are covered by Michael Sember’s new option?
What is the exercise price of Michael Sember’s Quoin Pharmaceuticals (QNRX) option?
What is the vesting schedule for Michael Sember’s Quoin Pharmaceuticals (QNRX) stock option?
When does Michael Sember’s Quoin Pharmaceuticals (QNRX) option expire?
AI-generated analysis. How Rhea-AI works. Not financial advice.